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0 Boston Wharf Co. Building at 51 Melcher Sells for $52.7M

Posted on August 23, 2014 by Wil Catlin

For $513.49 PSF Synergy Investments has sold 51 Melcher Street to Zurich North America. The building went through a complete renovation and was delivered fully leased to WeWork, Life is Good, and NetSuite.

According to Banker & Tradesman, “Synergy spent millions of dollars repositioning the building in the market, including base building renovations, a new main entrance and lobby, HVAC systems, new and restored windows and new roof, restrooms, plumbing, electrical service and elevators.”

Pricing with the Seaport Class B Market now is running in the upper $30’s to low $40’s PSF.

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0 Parking App Haystack Gets Boot by Boston City Council

Posted on August 23, 2014 by Wil Catlin

Credit: ExpiredMeter

Information is power, but the Mayor’s office has shut down Haystack in the city of Boston.

Eric Meyer, CEO of the Baltimore-based company, offered a statement in reaction to the vote, which was posted on the BBJ:

“Although we think that Ordinance 1310 should not apply to Haystack (as Haystack does not sell, lease or reserve public parking spots), it seems clear to us that City Council has passed Ordinance 1310, at least in part, to challenge and end Haystack service in the City of Boston. We believe that taking actions against new ideas and passing legislation based upon hypothetical concerns that have not materialized in the actual implementation of the Haystack app is premature and does nothing to help solve Boston’s acknowledged parking issues. The passage of this ordinance is a step in the wrong direction for parking innovation, and for innovation of every kind. Nonetheless, it is our company’s mission to solve parking issues collaboratively. Accordingly, Haystack will suspend service in Boston this week until further notice in the hopes of engaging with the Office of New Urban Mechanics and local lawmakers to identify a modified approach to parking issues that can be supported by City Hall.”

0 Downtown Crossing Office Building at Filene’s Site Nears Opening

Posted on August 22, 2014 by Wil Catlin

old filenes buikding in downtown crossing office space

Credit: Betaboston

Downtown Crossing gets ready to welcome the new occupants of the Filene’s building: ad agency Havas.

Betaboston posted a first-look photo gallery, along with some details on the building’s design selections and interior motif:

“The four floors are connected by wide staircases, and Havas calls the space a “village,” since it will house employees of Arnold, Havas Public Relations, Havas Media, which handles online and offline media buying for clients, and several other teams. About 600 Havas employees move in on Monday. No one has private offices, and the 64 conference rooms are all named after departments of the old Filene’s store.”

0 Wayfair Expands Back Bay Offices

Posted on August 22, 2014 by Wil Catlin

Credit: Bostinno.Streetwise

Office space no longer is drab and impersonal. Office space today is inspirational and personal with an edge towards technology.

From Bostinno.Streetwise.co:

“The company snapped up four floors at 4 Copley Place for its new headquarters, which are down the street from the original office at 177 Huntington. (Some people still work out of the Huntington building, however, as well as an additional spot on Boylston Street.)…The reasoning behind the new, 120,000-square-foot location is obvious: More space for Wayfair’s seemingly ever-increasing staff. Around 900 people currently work for the home decor firm, with 20 to 25 newcomers being added each week.”

0 What do you do on Conference Calls?

Posted on August 21, 2014 by Wil Catlin

Intercall

We all have to join conference calls. Where do you make them from and what do you do while you’re on one?

The BBJ highlights findings from the Harvard Business Review, examining conference call behavior. It cites an InterCall survey of 530 people:

Once we dial in (and perhaps put the phone instantly on mute), most of us are not fully engaged. In fact, 27 percent of respondents said they had fallen asleep at least once during a call. The fact that 64 percent of the respondents said they prefer cell phones over landlines explains how they can get away with doing so many other things.

According to the respondents of InterCall’s survey, the most frequent distractions are:

·         Doing other work – 65 percent
·         Sending an email – 63 percent
·         Eating or making food – 55 percent
·         Going to the restroom – 47 percent
·         Texting – 44 percent
·         Checking social media – 43 percent
·         Playing video games – 25 percent
·         Online shopping – 21 percent

0 Kane’s Donuts Heading to Boston Financial District

Posted on August 21, 2014 by Wil Catlin

Credit: Eater

High Street has seen many changes over the years and rumors are that Kane’s will be the next. High Street runs from Summer Street to the Greenway and consists of some of Boston notable Class A towers like International Place and Tishman’s 125 High Street twin towers and 100 High Street which is under agreement by Oxford Capital. The newest foodie on the street will be a donut shop. I must admit, I have been to Saugus and experienced what Kane’s has to offer and it was worth the trip.

Eater.com describes the delicacy, noting “Kane’s makes a giant variety of donut flavors, including seasonal specialties like egg nog donuts in the winter and pink lemonade donuts in the summer. They also offer some other pastries, bagels, breakfast sandwiches, and hot and iced coffee and teas.”

More information on the newest donut shop heading to Boston’s Financial District, hop over to coverage on Eater.

0 Re-invigorating the Watertown Arsenal Area

Posted on August 15, 2014 by Wil Catlin

Credit: athenahealth

Athenahealth is planning to re-invigorate the historic Watertown arsenal and the area with the addition of restaurants, retail stores and an internal expansion. In the process, they also seek to create an 1,800-car garage on the west end of the campus. With the addition of amenities, downtown Tenants will be attracted to the area due to its cost effectiveness, accessibility to Boston and public transportation as well as the ability to provide parking for employees. This should have a positive overall impact on businesses moving to the area and office space in surrounding markets such as Needham and Newton.

From Watertown’s Wicked Local coverage:

“The new owners of the 29-acre former Army complex wants to add restaurants, retail stores and increase the size of their corporate headquarters. In the process, they also seek to create about seven acres of open space by removing surface parking and moving it into an 1,800-car garage on the west end of the campus.”

0 Boston Companies Can Now Lease Extra Space to Startups

Posted on August 15, 2014 by Wil Catlin

Now you have a place to go! PivotDesk has solved the problem for the entrepreneur.

From BetaBoston.com:

“PivotDesk, which lets companies lease out extra office space to other startups, has launched a new offering that lets commercial real estate brokers connect with companies that might be too small for their own space with PivotDesk.”

For more info, jump over to PivotDesk.

0 Cambridge Offices for Tech Giants Compared

Posted on August 15, 2014 by Wil Catlin

Kendall Square Office space in cambridge for twitter

Credit: Boston Herald

Where would you rather work? Google, Microsoft or Amazon. Have a look at the benefits each has in the Kendall office in East Cambridge.

Xconomy.com has provided an office space comparison of Google, Microsoft, and Amazon’s Kendall Square office space. The articles notes, “just about every West Coast tech company worth its salt has established a branch office in the [Kendall Square] neighborhood. But some are larger than others: the Twitter, Facebook, and Apple outposts remain relatively small, while Microsoft, Google, and Amazon have all established large footprints.”

For more specifics on the tech companies Cambridge offices, jump over to coverage on Xconomy.com.

0 Google Opens New Cambridge Office

Posted on August 11, 2014 by Wil Catlin

Credit: BetaBoston

“Google’s mission is to organize the world’s information and make it universally accessible and useful,” and with that, their new office in Cambridge inspire. The following are the 10 items about Google philosophy, and some things to think about as you type in your next query:

1. Focus on the user and all else will follow.

2. It’s best to do one thing really, really well.

3. Fast is better than slow.

4. Democracy on the web works.

5. You don’t need to be at your desk to need an answer.

6. You can make money without doing evil.

7. There’s always more information out there.

8. The need for information crosses all borders.

9. You can be serious without a suit.

10. Great just isn’t good enough.

Interior of Google's cambridge office in Kendall Square

Credit: BetaBoston

Betaboston offers a report on the opening of Google’s new Cambridge offices:

“Google opened up its new offices in Cambridge today which connects three Cambridge Centers into one expansive campus sitting above Kendall Square. The key space in the complex is the (somewhat controversial) “Connector” built across the once fully public rooftop garden between Four and Five Cambridge Center.”